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| French economy avoids recession with 0.3% quarterly growth | French economy avoids recession with 0.3% quarterly growth |
| (35 minutes later) | |
| The French economy grew by 0.3% in the last three months of 2013, government figures indicate. | The French economy grew by 0.3% in the last three months of 2013, government figures indicate. |
| At the same time, the country's INSEE statistical office reported that growth was zero in the third quarter of 2013, revised up from an initial estimate of a 0.1% contraction. | At the same time, the country's INSEE statistical office reported that growth was zero in the third quarter of 2013, revised up from an initial estimate of a 0.1% contraction. |
| The figures mean that the world's fifth-largest economy has escaped falling back into recession. | The figures mean that the world's fifth-largest economy has escaped falling back into recession. |
| Over the whole of 2013, the French economy grew by 0.3%. | Over the whole of 2013, the French economy grew by 0.3%. |
| Meanwhile, the German economy also notched up higher growth in the October-to-December period. | |
| The country's GDP expanded by 0.4% in the final quarter of 2013, after seeing growth of 0.3% in the previous three months, according to the federal statistics office, Destatis. |